Writing Your Online
|
If you are planning a larger venture you should probably follow SBA guidelines or purchase software to assist you in preparing your plan.
We are concentrating on the SSB (small-small business) throughout this website. If you are a first-time entrepreneur it is highly recommended you stick with the SSB concept for your first Internet venture.
As a one-person entrepreneur you will usually write out a brief summary of only a few pages.
Business Description
You should have a description of your business, your marketing plans, and financial information. What are your goals and objectives?
Will you have a store, a content site or an affiliate site?
Your Niche
How will you choose your niche? How will you do your keyword research? What are your interests, your hobbies, your passion?
Products or Services
Are you going to sell a product (physical or digital), a service or a content site monetized with Adsense? What are the benefits of your product or service?
Market Research
Is there a market for your product or service? Who is your ideal customer?
Who are your competitors? How many are there? How will you be different (unique)?
Marketing
How are you going to promote your online business? Will you use article marketing, audio, video, newsletter ads, other paid advertising, or other methods?
Management
Do you have the management skills and discipline to run you web business?
You will probably not be able to finalize your plans until you complete your keyword and competition research, then select your niche.
It is often better to choose your niche before selecting your product or service to sell. If you already have strong skills in one area of interest, this may guide your research toward a niche where your skills will be most beneficial.
How you position yourself in your market will be largely guided by your keyword and market research.
Top of Page ---> Home Based Business Plan
Back to ---> Online Home Business Plans
Home page---> Starting an Online Home Business